Global N-Methyl-2-Pyrrolidone (NMP) Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2016 to 2023

  • ID: 4313298
  • Report
  • Region: Global
  • Acute Market Reports
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FEATURED COMPANIES

  • Ashland Inc 71
  • Balaji Amines Ltd 73
  • BASF SE 74
  • MORE
N-Methyl-2-Pyrrolidone (NMP) Market - Growth, Future Prospects, Competitive Analysis, and Forecast 2016 - 2023, the N-Methyl-2-Pyrrolidone market was valued at US$ 1.12 Bn in 2015, and is expected to reach US$ 1.64 Bn by 2023, expanding at a CAGR of 5.0% from 2016 to 2023.

Market Insights
N-Methyl-2-Pyrrolidone (NMP) is an organic compound which belongs to the class of dipolar aprotic solvents. The miscible property of NMP has led to high demand for various applications in the end-use industries. N-Methyl-2-Pyrrolidone is also known as N-methylpyrrolidinone under the brand name Pharmasolve. NMP, due to its solvency properties is used on a large scale to dissolve wide range of chemicals for use as polymers many end use industries. It is also used as solvent for surface treatment of resins, metal coated plastic and textiles. Therefore, high demand is reported for NMP worldwide.

Pharmaceutical is the major application driving the growth of global N-Methyl-2-Pyrrolidone market in 2015. It accounted for major share of global N-Methyl-2-Pyrrolidone market and is expected to retain its position in the near future. NMP is used in many chemicals which are used in manufacture of wide range of products in the end-use industries. Petrochemicals industry is another factor driving the growth of global N-Methyl-2-Pyrrolidone market in 2015. NMP is used to extract pure hydrocarbons and in desulphurization if gases. It is also used as solvent for extraction in lube oil processing. Therefore, petrochemical industry is expected to fuel growth of global N-Methyl-2-Pyrrolidone market in the near future. Other applications such as agrochemicals and paints & coatings are also anticipated to boost market growth of N-Methyl-2-Pyrrolidone in the market during the forecast period from 2016 to 2023.

Competitive Insights
Asia Pacific accounted for the largest share of N-Methyl-2-Pyrrolidone in the market worldwide. It accounted for more than 40% share of global N-Methyl-2-Pyrrolidone market. Growing demand for NMP from wide range of end-user industries in the region has fueled the growth of global N-Methyl-2-Pyrrolidone market. N-Methyl-2-Pyrrolidone is used in the manufacture of topical as well as transdermal gels and drugs. Hence, high demand from the pharmaceutical industry especially from the countries such as China and India has led to high demand for N-Methyl-2-Pyrrolidone in the region. North America and Europe are expected to experience steady demand for NMP due to the stringent policies of the government in the regions. However, NMP is expected to experience demand from other regions such as Middle East & Africa and Latin America from applications such as Paints & Coatings and agrichemicals in the regions. Therefore, strong demand is reported for N-Methyl-2-Pyrrolidone in the market in 2015 and is expected to increase during the forecast period from 2016 to 2023.

Key Trends
  • Manufacture of topical and transdermal medicines
  • Extraction of pure hydrocarbons
  • Used as solvent for chemicals in the area of polymers
  • Opportunities from increasing research activities to comply with government regulations and policies
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FEATURED COMPANIES

  • Ashland Inc 71
  • Balaji Amines Ltd 73
  • BASF SE 74
  • MORE
Chapter 1 Preface
1.1 Report Description
1.1.1 Purpose of the Report
1.1.2 Target Audience
1.1.3 Usp and Key Offerings
1.2 Research Scope
1.3 Research Methodology
1.3.1 Phase I - Secondary Research
1.3.2 Phase II - Primary Research
1.3.3 Phase III - Expert Panel Review
1.3.4 Assumptions

Chapter 2 Executive Summary
2.1 Market Snapshot: Global N-Methyl-2-Pyrrolidone (Nmp) Market

Chapter 3 Market Dynamics
3.1 Introduction
3.2 Market Dynamics
3.2.1 Market Drivers
3.2.1.1 Rising Demand from Pharmaceutical Industry
3.2.1.1 Increasing Demand in Petrochemical Industry
3.2.2 Market Challenges
3.2.2.1 Adverse Effects of N-Methyl-2-Pyrrolidone(Nmp) on Human Health
3.2.3 Market Opportunities
3.2.3.1 Strong Demand from Asia Pacific Regions
3.2.3.1.1 Gdp Per Capita (USD $), 2011 - 2014
3.3 Attractive Investment Proposition
3.4 Market Share Analysis of Key Manufactures in Global N-Methyl-2-Pyrrolidone Market
3.5 Global N-Methyl-2-Pyrrolidone Average Price Analysis, 2013 - 2023

Chapter 4 Global N-Methyl-2-Pyrrolidone Market Analysis, by End-Uses
4.1 Petrochemicals
4.2 Electronics
4.3 Pharmaceuticals
4.4 Agrochemicals
4.5 Paints & Coatings
4.6 Others

Chapter 5 North America N-Methyl-2-Pyrrolidone Market Analysis
5.1 Overview
5.1.1 North America N-Methyl-2-Pyrrolidone Market Volume and Revenue, 2013 - 2023, (Kilo Tons) (US$ Mn)
5.2 North America N-Methyl-2-Pyrrolidone Market Volume and Revenue, by End-Use, 2013 - 2023 (Kilo Tons) (US$ Mn)
5.2.1 North America N-Methyl-2-Pyrrolidone Market Volume and Revenue, by End-Use, 2013 - 2023 (Kilo Tons) (US$ Mn)
5.3 North America N-Methyl-2-Pyrrolidone Market Volume and Revenue, by Country, 2013 - 2023 (Kilo Tons) (US$ Mn)
5.3.1 U.S
5.3.2 Canada

Chapter 6 Europe N-Methyl-2-Pyrrolidone Market Analysis
6.1 Overview
6.1.1 Europe N-Methyl-2-Pyrrolidone Market Volume and Revenue, 2013 - 2023, (Kilo Tons) (US$ Mn)
6.2 Europe N-Methyl-2-Pyrrolidone Market Volume and Revenue, by End-Use, 2013 - 2023 (Kilo Tons) (US$ Mn)
6.2.1 Europe N-Methyl-2-Pyrrolidone Market Volume and Revenue, by End-Use, 2013 - 2023 (Kilo Tons) (US$ Mn)
6.2.2 Germany
6.2.3 France
6.2.4 U.K
6.2.5 Rest of Europe

Chapter 7 Asia Pacific N-Methyl-2-Pyrrolidone Market Analysis
7.1 Overview
7.1.1 Asia Pacific N-Methyl-2-Pyrrolidone Market Volume and Revenue, 2013 - 2023, (Kilo Tons) (US$ Mn)
7.2 Asia Pacific N-Methyl-2-Pyrrolidone Market Volume and Revenue, by End-Use, 2013 - 2023 (Kilo Tons) (US$ Mn)
7.2.1 Asia Pacific N-Methyl-2-Pyrrolidone Market Volume and Revenue, by End-Use, 2013 - 2023 (Kilo Tons) (US$ Mn)
7.3 Asia Pacific N-Methyl-2-Pyrrolidone Market Volume and Revenue, by Country, 2013 - 2023 (Kilo Tons) (US$ Mn)
7.3.1 China
7.3.2 India
7.3.3 Japan
7.3.4 Rest of Asia Pacific

Chapter 8 Latin America N-Methyl-2-Pyrrolidone Market Analysis
8.1 Overview
8.1.1 Latin America N-Methyl-2-Pyrrolidone Market Volume and Revenue, 2013 - 2023, (Kilo Tons) (US$ Mn)
8.2 Latin America N-Methyl-2-Pyrrolidone Market Volume and Revenue, by End-Use, 2013 - 2023 (Kilo Tons) (US$ Mn)
8.2.1 Latin America N-Methyl-2-Pyrrolidone Market Volume and Revenue, by End-Use, 2013 - 2023 (Kilo Tons) (US$ Mn)
8.3 Latin America N-Methyl-2-Pyrrolidone Market Volume and Revenue, by Country, 2013 - 2023 (Kilo Tons) (US$ Mn)
8.3.1 Brazil
8.3.2 Mexico
8.3.3 Rest of Latin America

Chapter 9 Middle East & Africa N-Methyl-2-Pyrrolidone Market Analysis
9.1 Overview
9.1.1 Middle East & Africa N-Methyl-2-Pyrrolidone Market Volume and Revenue, 2013 - 2023, (Kilo Tons) (US$ Mn)
9.2 Middle East & Africa N-Methyl-2-Pyrrolidone Market Volume and Revenue, by End-Use, 2013 - 2023 (Kilo Tons) (US$ Mn)
9.2.1 Middle East & Africa N-Methyl-2-Pyrrolidone Market Analysis, by End-Use, 2013 - 2023 (Kilo Tons) (US$ Mn)

Chapter 10 Company Profiles
10.1 Abtonsmart Chemicals (Group)Co., Ltd
10.2 Ashland Inc
10.3 Balaji Amines Ltd
10.4 Basf Se
10.5 E. I. Du Pont De Nemours and Company
10.6 Hefei Tnj Chemical Industry Co., Ltd
10.7 Lyondellbasell Industries N.V
10.8 Puyang Guangming Chemicals Co., Ltd
10.9 Shandong Qingyun Changxin Chemical Science-Tech Co. Ltd
10.10 Zhejiang Realsun Chemical Industry Co., Ltd

List of Figures
Figure 1 N-Methyl-2-Pyrrolidone Market: Research Methodology
Figure 2 Attractive Investment Proposition
Figure 3 Market Share Analysis of Key Manufacturers in Global N-Methyl-2-Pyrrolidone Market, 2015 (Value %)
Figure 4 N-Methyl-2-Pyrrolidone End-Use Market in Petrochemicals, 2013 - 2023 (Kilo Tons) (US$ Mn)
Figure 5 N-Methyl-2-Pyrrolidone End-Use Market in Electronics, 2013 - 2023 (Kilo Tons) (US$ Mn)
Figure 6 N-Methyl-2-Pyrrolidone End-Use Market in Pharmaceuticals, 2013 - 2023 (Kilo Tons) (US$ Mn)
Figure 7 N-Methyl-2-Pyrrolidone End-Use Market in Agrochemicals, 2013 - 2023 (Kilo Tons) (US$ Mn)
Figure 8 N-Methyl-2-Pyrrolidone End-Use Market in Paints & Coatings, 2013 - 2023 (Kilo Tons) (US$ Mn)
Figure 9 N-Methyl-2-Pyrrolidone End-Use Market in Electronics, 2013 - 2023 (Kilo Tons) (US$ Mn)
Figure 10 North America N-Methyl-2-Pyrrolidone Market Volume and Revenue, 2013 - 2023, (Kilo Tons)(US$ Mn)
Figure 11 Europe N-Methyl-2-Pyrrolidone Market Volume and Revenue, 2013 - 2023, (Kilo Tons)(US$ Mn)
Figure 12 Asia Pacific N-Methyl-2-Pyrrolidone Market Volume and Revenue, 2013 - 2023, (Kilo Tons)(US$ Mn)
Figure 13 Latin America N-Methyl-2-Pyrrolidone Market Volume and Revenue, 2013 - 2023, (Kilo Tons)(US$ Mn)
Figure 14 Middle East & Africa N-Methyl-2-Pyrrolidone Market Volume and Revenue, 2013 - 2023, (Kilo Tons)(US$ Mn)

List of Tables
Table 1 Market Snapshot: Global N-Methyl-2-Pyrrolidone (Nmp) Market
Table 1 Global N-Methyl-2-Pyrrolidone Average Price Analysis, 2013 - 2023 (US$/Kg)
Table 2 Global N-Methyl-2-Pyrrolidone Market, by End-Use, 2013 - 2023 (Kilo Tons)
Table 3 Global N-Methyl-2-Pyrrolidone Market, by End-Use, 2013 - 2023 (US$ Mn)
Table 4 North America N-Methyl-2-Pyrrolidone Market Analysis, by End-Use, 2013 - 2023, (Kilo Tons)
Table 5 North America N-Methyl-2-Pyrrolidone Market Analysis, by End-Use, 2013 - 2023, (US$ Mn)
Table 6 U.S. N-Methyl-2-Pyrrolidone Market Analysis, by End-Use, 2013 - 2023, (Kilo Tons)
Table 7 U.S. N-Methyl-2-Pyrrolidone Market Analysis, by End-Use, 2013 - 2023, (US$ Mn)
Table 8 Canada N-Methyl-2-Pyrrolidone Market Analysis, by End-Use, 2013 - 2023, (Kilo Tons)
Table 9 Canada N-Methyl-2-Pyrrolidone Market Analysis, by End-Use, 2013 - 2023, (US$ Mn)
Table 10 Europe N-Methyl-2-Pyrrolidone Market Analysis, by End-Use, 2013 - 2023, (Kilo Tons)
Table 11 Europe N-Methyl-2-Pyrrolidone Market Analysis, by End-Use, 2013 - 2023, (US$ Mn)
Table 12 Germany N-Methyl-2-Pyrrolidone Market Analysis, by End-Use, 2013 - 2023, (Kilo Tons)
Table 13 Germany N-Methyl-2-Pyrrolidone Market Analysis, by End-Use, 2013 - 2023, (US$ Mn)
Table 14 France N-Methyl-2-Pyrrolidone Market Analysis, by End-Use, 2013 - 2023, (Kilo Tons)
Table 15 France N-Methyl-2-Pyrrolidone Market Analysis, by End-Use, 2013 - 2023, (US$ Mn)
Table 16 U.K. N-Methyl-2-Pyrrolidone Market Analysis, by End-Use, 2013 - 2023, (Kilo Tons)
Table 17 U.K. N-Methyl-2-Pyrrolidone Market Analysis, by End-Use, 2013 - 2023, (US$ Mn)
Table 18 Rest of Europe N-Methyl-2-Pyrrolidone Market Analysis, by End-Use, 2013 - 2023, (Kilo Tons)
Table 19 Rest of Europe N-Methyl-2-Pyrrolidone Market Analysis, by End-Use, 2013 - 2023, (US$ Mn)
Table 20 Asia Pacific N-Methyl-2-Pyrrolidone Market Analysis, by End-Use, 2013 - 2023, (Kilo Tons)
Table 21 Asia Pacific N-Methyl-2-Pyrrolidone Market Analysis, by End-Use, 2013 - 2023, (US$ Mn)
Table 22 China N-Methyl-2-Pyrrolidone Market Analysis, by End-Use, 2013 - 2023, (Kilo Tons)
Table 23 China N-Methyl-2-Pyrrolidone Market Analysis, by End-Use, 2013 - 2023, (US$ Mn)
Table 24 India N-Methyl-2-Pyrrolidone Market Analysis, by End-Use, 2013 - 2023, (Kilo Tons)
Table 25 India N-Methyl-2-Pyrrolidone Market Analysis, by End-Use, 2013 - 2023, (US$ Mn)
Table 26 Japan N-Methyl-2-Pyrrolidone Market Analysis, by End-Use, 2013 - 2023, (Kilo Tons)
Table 27 Japan N-Methyl-2-Pyrrolidone Market Analysis, by End-Use, 2013 - 2023, (US$ Mn)
Table 28 Rest of Asia Pacific N-Methyl-2-Pyrrolidone Market Analysis, by End-Use, 2013 - 2023, (Kilo Tons)
Table 29 Rest of Asia Pacific N-Methyl-2-Pyrrolidone Market Analysis, by End-Use, 2013 - 2023, (US$ Mn)
Table 30 Latin America N-Methyl-2-Pyrrolidone Market Analysis, by End-Use, 2013 - 2023, (Kilo Tons)
Table 31 Latin America N-Methyl-2-Pyrrolidone Market Analysis, by End-Use, 2013 - 2023, (US$ Mn)
Table 32 Brazil N-Methyl-2-Pyrrolidone Market Analysis, by End-Use, 2013 - 2023, (Kilo Tons)
Table 33 Brazil N-Methyl-2-Pyrrolidone Market Analysis, by End-Use, 2013 - 2023, (US$ Mn)
Table 34 Mexico N-Methyl-2-Pyrrolidone Market Analysis, by End-Use, 2013 - 2023, (Kilo Tons)
Table 35 Mexico N-Methyl-2-Pyrrolidone Market Analysis, by End-Use, 2013 - 2023, (US$ Mn)
Table 36 Rest of Latin America N-Methyl-2-Pyrrolidone Market Analysis, by End-Use, 2013 - 2023, (Kilo Tons)
Table 37 Rest of Latin America N-Methyl-2-Pyrrolidone Market Analysis, by End-Use, 2013 - 2023, (US$ Mn)
Table 38 Middle East N-Methyl-2-Pyrrolidone Market Analysis, by End-Use, 2013 - 2023, (Kilo Tons)
Table 39 Middle East & Africa N-Methyl-2-Pyrrolidone Market Analysis, by End-Use, 2013 - 2023, (US$ Mn)
Table 40 Abtonsmart Chemicals (Group)Co., Ltd.: Company Snapshot (Business Description; Financial Information; Product Position/Portfolio; News Coverage))
Table 41 Ashland Inc.: Company Snapshot (Business Description; Financial Information; Product Position/Portfolio; News Coverage)
Table 42 Balaji Amines Ltd.: Company Snapshot (Business Description; Financial Information; Product Position/Portfolio; News Coverage)
Table 43 Basf Se.: Company Snapshot (Business Description; Financial Information; Product Position/Portfolio; News Coverage)
Table 44 E. I. Du Pont De Nemours and Company.: Company Snapshot (Business Description; Financial Information; Product Position/Portfolio; News Coverage)
Table 45 Hefei Tnj Chemical Industry Co., Ltd.: Company Snapshot (Business Description; Financial Information; Product Position/Portfolio; News Coverage)
Table 46 Lyondellbasell Industries N.V.: Company Snapshot (Business Description; Financial Information; Product Position/Portfolio; News Coverage)
Table 47 Puyang Guangming Chemicals Co., Ltd.: Company Snapshot (Business Description; Financial Information; Product Position/Portfolio; News Coverage)
Table 48 Shandong Qingyun Changxin Chemical Science-Tech Co. Ltd.: Company Snapshot (Business Description; Financial Information; Product Position/Portfolio; News Coverage))
Table 49 Zhejiang Realsun Chemical Industry Co., Ltd.: Company Snapshot (Business Description; Financial Information; Product Position/Portfolio; News Coverage))
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  • Abtonsmart Chemicals (Group)Co.,Ltd 70
  • Ashland Inc 71
  • Balaji Amines Ltd 73
  • BASF SE 74
  • E. I. du Pont de Nemours and Company 76
  • Hefei TNJ Chemical Industry Co., Ltd 78
  • LyondellBasell Industries N.V. 79
  • Puyang Guangming Chemicals Co., Ltd 81
  • Shandong Qingyun Changxin Chemical Science-Tech Co. Ltd 82
  • Zhejiang Realsun Chemical Industry Co., Ltd 83
Note: Product cover images may vary from those shown
5 of 4
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